Leading Salon Suite Concept Recognized Amongst Top 150 National Brands
LAS VEGAS – Phenix Salon Suites was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first and most comprehensive franchise ranking. For 47 years, The Franchise 500® has been recognized as an invaluable resource for potential franchisees, and placement in the ranking has been a highly sought-after honor within the franchise industry. In the 2026 Franchise 500®, Phenix Salon Suites has ranked No. 132 for its outstanding performance in areas including unit growth, financial strength and stability, operational and marketing support, and brand power.
“For 47 years, the Franchise 500 has been the gold standard for identifying franchise excellence. This year’s ranking proves that the best brands don’t just survive changing markets; they thrive in them,” says Jason Feifer, Entrepreneur magazine’s editor in chief. “These 500 companies represent some of the most reliable pathways to business ownership in America, each one vetted through our rigorous analysis of what actually drives franchisee success.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 47-year-old ranking formula continues to evolve as well. Each franchise is thoroughly evaluated and given a cumulative score based on an analysis of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. The 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Phenix’s recognition follows another strong year of systemwide momentum. In 2025, the brand opened 26 new locations, including one international studio in York, U.K., while signing a strong number of strategic franchise agreements across both new and existing markets. The brand also surpassed 420 locations nationwide, with early momentum to top 450 by the end of 2026. Entering the year ahead, Phenix plans to open more than 30 additional locations across domestic and international markets, reflecting continued demand for the salon suite model among experienced multi-unit operators, real estate professionals, and first-time franchisees.
“Being recognized on the Franchise 500 list for the 13th consecutive year is a meaningful reflection of the consistency and discipline behind our development strategy,” said Brian Kelley, President and CEO of Phenix Salon Suites. “Our focus has always been on building a franchise platform that supports long-term operators who value strong real estate fundamentals, operational support, and a model built for lasting performance over time. This recognition reinforces that approach and the strength of our franchisee network.”
Over its 47 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for prospective franchisees. Phenix Salon Suites position on the ranking is a testament to its strength as a franchise opportunity.
To view Phenix Salon Suites in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2026 issue of Entrepreneur, available on newsstands January 13th.
To learn more about Phenix Salon Suites and its franchise opportunities, visit www.phenixsalonsuitesfranchising.com.
About Phenix Salon Suites
The leading salon suite franchise is a salon suite rental concept that offers an opportunity for Lifestyle Professionals to operate their own business in a private salon suite within a larger, well-located salon. Phenix Salon Suites is not in the business of selling haircuts. The brand licenses individualized suites so professionals can service their clients in a safe and secure environment. Founded in 2007 by beauty expert and celebrity hairstylist Gina Rivera, who has family roots in the industry dating back to 1929, the Phenix suites concept has reinvented the salon industry. The company began franchising in 2012 and today has over 425 locations across 33 states with continued plans to expand internationally. Recognized 13 years in a row on Entrepreneur’s Franchise 500 list, Phenix Salon Suites is acknowledged as an industry pioneer with franchise opportunities available in a number of key markets throughout the United States and internationally. For more information on franchising with Phenix Salon Suites, please visit www.phenixsalonsuitesfranchising.com/